5 Vikram borrowed #2088e from a bank at 10% per annum simple interest. He lent itto his friend Venkat at the same rate but compounded annually. Find his gain after2 yearsEast take out as Irandethen usUdenlanised in Q-A man borrows 6000 at 5% compound interest. If he repays 71200 at the end of eachyear, find the amount outstanding at the beginning of the third year.